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Brick Duplex Property
For Sale
$95,000

518 & 520 E Martin Luther King Dr, Grand Coteau, LA 70541

Residential Income, Grand Coteau, LA

Property Size2,500 SF
Price / SF$38
Days on Market112

Property Features for 518 & 520 E Martin Luther King Dr

General Information

Property type Residential Multi Family
Property subtype Other
Parking features Parking Lot
Lot features Level
Elementary school Grand Coteau
Middle school Sunset
High school Beau Chene
Elementary school district St Landry Parish
Middle school district St Landry Parish
High school district St Landry Parish
Directions I49 north, take exit at LA 182, right on Bellemin Street, house at corner once you hit MLK.
Subdivision L1
Standard status Active
APN 0200530005
Size 2,500 SF

Taxes and HOA fees

Tax Description 1 LOT (56.9X106.6X99.9X94.2)N MAIN ST OR HY 93 S JANISE E LA HY 760-2 W WILLIAMS 1114887 1200700
Legal Description 1 LOT (56.9X106.6X99.9X94.2)N MAIN ST OR HY 93 S JANISE E LA HY 760-2 W WILLIAMS 1114887 1200700

Utilities

Heating system Wall Furnace
Cooling system Window Unit(s)

Building Details

Number of units 2
Flooring type Laminate
Building materials Brick
Roof type Metal
Listing Agency: Real Broker, LLC
Listed By: Alicia Rhodes · License #995706156
Added: Jun 18 Changed: Aug 26 Last Checked: Oct 7 at 6:06PM
MLS# 2600005525

Copyright © 2026 Realtor Association of Acadiana. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 2,500-square-foot duplex at 518 & 520 E Martin Luther King Dr includes two separate residential units, with one currently tenant occupied and the other vacant. The building has a brick exterior, laminate flooring, wall-furnace heating, window-unit cooling, and a metal roof.

A dedicated parking lot serves the property. Located in Grand Coteau, the duplex is offered as a residential income asset with one occupied unit and immediate availability in the second unit.

Key Highlights

  • 2,500‑square‑foot duplex with two separate residential units
  • One unit is tenant occupied; the second unit is vacant
  • Brick exterior with metal roof

Property Analytics

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Current Use

Duplexes

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

110
Businesses Nearby

Demographics for 70541, LA

733
Population
509
Households
1.4
Avg Household Size
50
Median Age
12%
College-Educated
59%
High-School Grad
2.1 sq mi
ZIP Area
349
Density / Sq Mi
$53,625
Median Household Income
$22,052
Median Earnings
$679
Median Rent
$86,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit residential income property with one occupied unit, one vacant unit, and dedicated lot parking.
Where is this duplex located?
The property is located at 518 & 520 E Martin Luther King Dr Grand Coteau, LA.
What is the asking price?
The asking price for this property is $95,000.
What are key features of this property?
This property features: 2,500‑square‑foot duplex with two separate residential units; One unit is tenant occupied; the second unit is vacant; Brick exterior with metal roof
More about this property
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